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Apartment in a complex FOR SALE in Pamporovo

  · place: Pamporovo
  · region: Smolian
  · total surface: 33 sq.m.
property location
 airport - 80 km
 beach - 350 km
Rhodopea Apartments, Pamporovo

Rhodopea is the newest luxury four-star project for luxurious holiday homes combined with modern spa & sports facilities, to provide you everything you might need during your stay. It is situated in the heart of Pamporovo holiday resort in the immediate vicinity of ski slopes very close to ski lift station Studenetz. Perfectly located on a sweeping hillside Rhodopea complex provides easy access to ski attractions, remarkable view across the RhodopiMountain as well as walking closeness to the centre of the resort and the nightlife entertainment.

The building plot of Rhodopea is much displaced and the building has terraced structure that it furthers maximum open space of every floor towards the picturesque panorama, so the beauties of the Rhodope Mountains are revealed in front of you. The indoor and outdoor design of the complex shares modern style and many of the features of the typical Rhodopes tradition. The complex will be built to the highest qualities and specifications including all the facilities that will cover the standards of a 4 star Apart Hotel.

The complex has 7 floors with 95 fully furnished and equipped units for sale totally: 73 studios, 3 two-bedroom apartments, 6 one-bedroom apartments and 13 one-bedroom maisonettes, which are planned in order to fully satisfy the highest expectation at minimum cost. The Suites offer comfort and efficiency of the living space. They are elegant but at the same time they use the living area very efficiently. The units has balcony with remarkable Mountain View. According to all European standards and requirements, the housing estate will be constructed with the most high-quality materials. All of the apartments will be completely furnished to a very high standard, including flooring, lighting, walls, fitted kitchen (including first class appliances from leading brands), tiled bathroom with a bathroom suite and toilet; electrical fittings all around-sockets, light switches; ready for use by the owners or for renting.

This four star rated property combines uncompromising luxury with the most competitive prices on the market; and guaranteed best practice building quality.

The Rhodopea Complex is designed to be not only a lodging facility, but also a quality lifestyle experience. It will offer unique atmosphere during any season. In addition, its unique relaxing and entertainment features will make it one of its kinds in Bulgaria and Eastern Europe. Although keeping the highest standards of architectural and maintenance Excellency, the complex will successfully compete for market share with the hotels in the Ski Resort near the complex. These are the best value-for-money investment as it has all the features needed for attracting large number of tourists.

- Cosy reception;
- Spacious lobby bar;
- Classic restaurant with 90 seats serving international and traditional food and wine cellar serving to the connoisseurs special collection of selected wines and appetizers;
- Modern sport and spa centre including: indoor pool with Jacuzzi, fitness hall, massage, sauna, Turkish bath, herbal bath;
- Medical centre;
- Business centre;
- Internet centre;
- Trade centre with different shops;
- Indoor car park, etc.
The complex has 2 lifts and 1 lift for room service. It is provided access for invalids everywhere. The area round the complex is highly grassed and well laid out.
The reception lounge and the additional leisure and recreation facilities allow letting the apartments for rent, which gives a good opportunity to gain back part of the investments.

Estimated periods of construction/payments
A/ Beginning of construction: October 2007;
B/ Finishing of roofing work: December 2008;
C/ Completion: December 2009.

Management and maintenance
The development company takes the maintenance of the tourist complex and the purchaser obligatorily signs a contract with them with an annual fee in amount of € 21,00 per square meter + VAT, with the following discounts:
- € 19,70 per square meter for each apartment a year + VAT – with advance payment for three years;
- € 18,50 per square meter for each apartment a year + VAT – with advance payment for five years.

In return of your money we are going to look after the common parts of the building by:
  - Organizing the sanitary-hygiene activities in the complex in the common parts of the buildings, the swimming pool and the entire yard;
  - Organizing the outdoor security of the complex.
  - To neutralize any damages of the equipment for common use, as well as of the common parts of the buildings, due to natural use or a result of fire-precaution activities

But that’s far from everything that you will receive back for your money. You will also benefit from our highly qualified and professional care for your holiday residence, not only keeping it functional, but attracting for tourist business as long as you are away not using it, receiving rental income.

The development company check all service work that is done at your property and make sure it's done well. The services that are going to provide for your property are the following:
1. Pre-opening preparation for the season
  - Run on the water into the water-pipes;
  - Plugged drain repair /if it’s necessary/;
  - Electrical repair /if it’s necessary/;
  - Un-pasting the windows;
  - Washing the windows;
  - Cleaning the terrace;
  - Removing the terrace parapet;
  - Re-painting and lacquering of the terrace parapet;
  - Cleaning the laminate and floor tiles;
  - Unpacking and dusting the furniture and equipment incl. TV sets;
  - Uncovering the furniture;
  - Laundry the sheets, towels, curtains, bed-covers and delivering and setting in;
  - Cleaning the mattress and wardrobes;
  - Hang up the curtains;
  - Washing the entire bathroom incl. lavatory pan and wash-basin as well as bathroom tiles;
  - Washing the kitchen box incl. cupboards and all the kitchen equipment as well as electric cooker, oven, microwave, fridge, filter coffee machine and toaster;
  - Unpacking the kitchen equipment /plates, glasses, cups, forks, knifes etc./;
  - Pest control;
  - Miscellaneous.
2. Putting away for off-season
  - Inspection of the water-pipes
  - Switching off and packing the TV sets, packing up the furniture and equipment and covering them in order to avoid fading from the sun
  - Taking down the curtains,
  - Pasting up the windows,
  - Tightening the windows to not penetrate water or dust in
  - Disinfection of lavatory pan and wash-basin in the bathroom,
  - Full cleaning of the bathroom tiles with special cleaning gel,
  - Full cleaning and disinfection of kitchen box, incl. the electric cooker, oven and microwave with special anti-fat power gel,
  - Switching off and full cleaning of the fridge,
  - Packing of the kitchen equipment /plates, glasses, cups, forks, knifes etc./ incl. filter coffee machine, toaster
  - Pest control
  - Miscellaneous
3. Appliances Repair (Prophylactics of the machines and equipment to ensure all that appliances are in working order)
(Air-condition, TV set, fridge, filter coffee machine, microwave, toaster, absorber, hair-drier, phone set, bulbs)
4. Regular ventilation – to ventilate the property and check for any humidity and/or damage.
(Weekly visits to keep the apartment in good condition out of the active season)
5. Electricity, hot and cold water, cable TV and standing phone bills will be measured monthly.

A full statement of account as per item 5 will be forwarded to at the end of every rental season via email.
Your Property Manager according to your instructions handles any problems that can occur.
For this minimal fee you will receive quality services which will maintain your property in best condition and will keep the common areas in best condition as well which combined is going to make your investment pay back just by having it.

Rental Income
The development company is specializing in the field of the tourist management services, and because they are partnering with the most professional tour operators all over the world, are able to offer you rental income with annual returns of buyer’s investment. This means that you will receive regular yearly payments from the rental income that will be generated by your property.

Transfer of the property
The notary act can be signed before the readiness of the apartment, but not later than one calendar month after its readiness. The issued Act 15 is considered as a proof of the completion of the building.
Signing of the Notary Act is after payment of the whole price of the real estate.
The price of the real estate, offered by the Seller, is formed with the condition, that the transfer of the real estate will be completed at the sales price.
The expenses of the transfer are for the buyer.

Expenses for transfer at notary order
The expenses for the transfer of ownership have to be paid additionally. The total expenses for the transfer at notary order amount approx. 3 % of the sales price /includes: local tax in amount of 2 % of the sales price; notary fee /proportional to the sales price/ according a chart of the Notary Fee Tariffs; fee for registration of the notary act in amount of 0.1% of the sales price/ + Fee for preparation of the notary act and organizing of the deal /current prices at deal conclusion/ but not more than 1000 BGN.

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Published on: 16 July 2008
Last modified: 16 July 2008